BIRD Options History — December 2024

In December 2024, BIRD traded between $7.08 and $8.52. ATM implied volatility averaged 165.9%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 50.2%. IV traded above realized volatility by 104.6% (HV 20d: 61.3%). Max pain ranged from $0.50 to $0.50. Net GEX was positive for 16 of 16 trading days. Term structure was in contango for 16 of 16 days.

Notable Days

  • 2024-12-06: Largest IV spike — 59.3% change
  • 2024-12-11: Highest IV Rank — 24.2%
  • 2024-12-11: Largest Expected Move — 52.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.90$7.08$8.52$8.39$7.26
Max Pain$0.50$0.50$0.50$0.50$0.50
ATM IV165.9%105.8%183.9%171.7%178.0%
Expected Move50.2%30.3%52.7%49.2%51.0%
HV 20d61.3%48.4%83.6%83.1%53.6%
HV 60d70.6%64.1%87.4%87.4%65.3%
IV Rank20.8%9.4%24.2%21.9%23.1%
IV Percentile62.7%19.0%75.8%67.1%68.3%
Term Structure66.6%6.3%109.4%6.3%65.3%
Skew 25d3.1%-8.8%44.8%4.6%6.2%
Skew 10d12.5%1.0%46.6%16.0%15.5%
Call IV 25d175.9%83.9%189.7%171.7%178.4%
Put IV 25d179.0%128.7%185.2%176.3%184.6%
Bid-Ask Spread %81.446.30101.859.1982.70
Gamma HHI0.330.330.340.330.34
Net GEX13.4K12.6K14.3K13.1K14.0K
Net DEX-13.2M-14.3M-11.6M-14.0M-11.9M
Net VEX-2.8K-3.7K-2.1K-3.7K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI18,369.06318,10818,42218,42218,108

Daily Data (16 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-03$8.39$0.50171.7%49.2%83.1%21.9%0.0%4.6%6.3%13.1K-14.0M-3.7K0.009.19N/AN/A0017,4111,011
2024-12-04$8.04$0.50105.8%30.3%83.6%9.4%0.0%44.8%94.1%13.5K-13.4M-3.7K0.006.30N/AN/A0017,4041,010
2024-12-05$7.96$0.50108.0%51.7%83.4%9.8%0.0%0.2%35.7%13.6K-13.3M-3.4K0.00101.85N/AN/A0017,4041,010
2024-12-06$8.07$0.50172.1%51.8%81.1%22.0%0.0%-1.6%83.3%13.4K-13.5M-3.4K0.00100.87N/AN/A0017,4041,010
2024-12-09$8.03$0.50172.6%51.9%71.7%22.0%0.0%-2.4%71.7%13.5K-13.4M-2.9K0.0091.71N/AN/A0017,4041,010
2024-12-10$8.17$0.50122.4%52.2%49.4%12.5%0.0%-3.9%76.4%13.1K-13.7M-2.9K0.0090.44N/AN/A0017,4041,010
2024-12-11$8.52$0.50183.9%52.7%49.8%24.2%0.0%-8.8%44.8%12.6K-14.3M-2.6K0.0087.97N/AN/A0017,4041,010
2024-12-12$8.30$0.50183.0%52.5%50.6%24.0%0.0%-6.7%49.5%12.8K-13.9M-2.7K0.0089.22N/AN/A0017,3961,010
2024-12-13$8.13$0.50178.2%51.1%50.9%23.1%0.0%3.6%81.9%13.4K-13.5M-3.5K0.0090.34N/AN/A0017,3961,010
2024-12-16$8.30$0.50182.6%52.3%51.4%24.0%0.0%-4.8%33.8%12.6K-14.0M-2.3K0.0088.53N/AN/A0017,3961,010
2024-12-17$7.79$0.50180.0%51.6%53.7%23.5%0.0%1.1%104.6%13.2K-13.0M-2.3K0.0092.71N/AN/A0017,396998
2024-12-18$7.91$0.50180.7%51.8%48.4%23.6%0.0%-1.1%52.4%12.8K-13.3M-2.2K0.0091.34N/AN/A0017,396998
2024-12-19$7.27$0.50178.2%51.1%57.2%23.1%0.0%6.1%102.9%14.0K-12.1M-2.5K0.0094.52N/AN/A0017,396997
2024-12-20$7.11$0.50178.4%51.2%57.3%23.2%0.0%6.1%54.2%14.3K-11.8M-2.5K0.0093.14N/AN/A0017,386997
2024-12-23$7.08$0.50178.5%51.2%55.0%23.2%0.0%6.4%109.4%14.1K-11.6M-2.1K0.0092.16N/AN/A0017,224885
2024-12-24$7.26$0.50178.0%51.0%53.6%23.1%0.0%6.2%65.3%14.0K-11.9M-2.3K0.0082.70N/AN/A0017,224884